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31 January 2025 | 22 replies
I personally haven't done this but I have helped clients do it in the past.Hit me up if you're interested!
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27 January 2025 | 7 replies
@Enrique Toledo If the seller is firm at 10% down, you can always get a personal loan for that 10%.
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30 January 2025 | 6 replies
@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)
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15 February 2025 | 15 replies
I think of it like an employee or personal assistant.
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7 February 2025 | 40 replies
I would recommend anyone lending in this environment to fix and flippers or any type of investment to be careful and get a personal guaranty and make sure person has a long track record.
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17 February 2025 | 61 replies
Now, should you decide to enter into a real estate transaction WITHOUT a licensed agent, one should be mindful to not get unpset should that person get scammed in the real estate purchase or sell transaction.
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29 January 2025 | 4 replies
Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.
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4 February 2025 | 7 replies
I have no idea who I should reach out to for help, and I just do not understand how this person no longer responds to emails or returns phone calls.I hope someone can provide some guidance.
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22 February 2025 | 23 replies
I personally use Vanguard, but I know others like Schwab and Fidelity also have solid options.
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22 February 2025 | 11 replies
A bookkeeper can also work hand-in-hand with your CPA to ensure everything is recorded correctly, making tax time much smoother.My personal belief is to get referrals for CPA recommendations—word of mouth is often the best way to find someone solid.